Today I'm reading through the UK government's document "Enterprise - Unlocking the UK's Talent", known as the Enterprise White Paper.

Yes, maybe I need to get out more.

Anyway, I'm going to be blogging about interesting findings as I come across them.

Firstly, they are aiming to achieve:
• a greater proportion of people with the ambition to start and grow a business;
• an increase in the proportion of SMEs making use of external business advice;
• a fall in the extent to which access to finance is likely to act as a barrier
to enterprise;
• an increase in the proportion of SME turnover due to new or significantly
improved products; and
• the benefits of new regulations justifying costs and unnecessary increases in
regulatory burdens avoided.

They say they are going to focus their work on what they (through various academic studies and work by the OECD) have identified as the five key enablers of enterprise....

Enterprise enablers

Culture: Develop a culture, where talent can be unlocked and flourish, recognising differences in enterprise culture across different
social groups, reducing fear of failure that prevents start-ups, and giving everyone the opportunity to be entrepreneurial.

Knowledge and skills: Ensure that individuals and business have access to and are
able to develop the best possible knowledge and skills to support the growth of their business.

Access to Finance: Enable new and growing businesses and those people seeking to exploit their ideas to have access to the appropriate level
of finance and advice.

Regulatory Framework: Renew our focus on reducing regulatory burdens, recognising that unnecessary or overly complex regulation can stifle
enterprise and have a disproportionate impact on small firms.

Business Innovation: Reinforce innovation’s role as a driver of enterprise itself and
at the root of all entrepreneurial activity, complementing the Government’s new Innovation Strategy.